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Crude oil climbed nearly 5% on improving demand prospectCrude oil climbed nearly 5% on improving demand prospect |
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International benchmarks for crude oil gained nearly 5% on Wednesday, 14 April 2021after data from the EIA showed a 5.9 million dropped in US crude inventories last week, signaling improving demand condition ahead of the summer driving season.
Brent jumped $2.91, or 4.37% to $66.58/barrel.
WTI increased $2.97, or 4.7% to $63.15/barrel.
